Medical Billing & Medical Coding Blog...

Medical Billing » Blog » RCM tip: Invest in automated rules engine to improve RCM

RCM tip: Invest in automated rules engine to improve RCM

RCM tip: Invest in automated rules engine to improve RCM

Investing in automation tools, such as a rules engine, can help healthcare organizations decrease their administrative workload, according to Andrew Wade, practice administrator at Conway, S.C.-based Coastal Orthopedics.

Mr. Wade shared the following tip with Becker’s Hospital Review:

“If we want to truly free up providers from administrative burden and empower them to do the work they love to do — spending more time with patients and delivering quality care — organizations need to invest in tools that automate tasks wherever possible. Thanks to our technology’s rules engine, our claims can be automatically verified and some errors automatically resolved based on knowledge gleaned from the network. We are getting cleaner claims out the door, decreasing our accounts receivable to 31 days and dipping our denial rate down to 9.8 percent over the last four months, giving us the best claim-to-cash conversion ratio we’ve ever had. Our money isn’t playing jump-through-the-hoop with the insurance companies anymore.” …

 

Continue reading this article

 

View all Articles by:

Be The First To Comment!

New comments are no longer accepted on this article.

Subscribe To Article Updates By Email

Submit this form to receive an email when a new article is published to our blog.

Your email address:

(Your email will never be given or used for anything but this article subscription) - privacy policy

Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online Add to Technorati Favorites!
Blog Sections
Blog Archives
Professional Affiliations
Connect With Us
Tweets by This Author
Feedback
The medical billing blog with billing and coding articles!
Medical Billing & Coding Articles!